Using 3x leverage until now only to close the position; their mental resilience is much stronger than my wallet.

CryptoWorld News reports that the largest ETH short position, “pension-USDT.ETH,” has recently reversed part of the rebound, giving back $5.9 million in unrealized gains, and has initiated its first liquidation within the past half hour. This address previously shorted 60,000 ETH with 3x leverage, with a position value of approximately $107 million and an opening average price of $1,810. As of the time of writing, it has closed about 2,135 ETH, and the remaining open short position still holds an unrealized profit of $1.24 million.